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Peterborough United are one of those teams whose transfer policy of buying good players for cheap and then selling them on for huge profit is already quite well known in the footballing world. And even though they have been in League One for seven years running now, they still have a couple of quite impressive transfers on their books as well.
Their record-holder is Britt Assombalonga, a player that was brought in from Watford back in 2013/14 when the Hornets were still plying their trade down in the Championship, and that deal cost them a club-record fee of £1.7m. But it also surpassed the previous price of £1.2m that was commanded by Tyrone Barnett a year before that when they bought him from Crawley Town.
It’s interesting to note that in 2019/20, they also purchased Mo Eisa from Bristol City for a reported sum of £810,000 and now it remains to be seen if this trend of buying cheap and selling big continues with him as well.
Probably the very best example of that strategy, however, is Assombalonga himself. Despite him arriving for a club-record fee, Peterborough United still managed to sell him to Nottingham Forest just a season after that for an incredible sum of £6.2m, which remains the club’s biggest piece of business ever conducted. But just a year prior to that, they had also sold Dwight Gayle to Crystal Palace for £4.7m, which, interestingly, also happened a season after his arrival from Dagenham & Redbridge FC for only £553,000.
Ryan Bennett’s move to Norwich City in 2011/12 for £3.4m is in third place on the list and considering he was bought for £608,000 from Grimsby Town, it fits the narrative perfectly too.
Considering their incredibly successful policy, it doesn’t come as a surprise to see there have been many impressive and famous transfers at the club over the years. And probably none are as famous as Assombalonga – a man who became their record-breaker when he arrived and then also left as a record-breaker as well. But he was also quite good during the time he spent with the club and his transfer definitely deserves to be on this list.
Practically the same thing can be said for Gayle for both his incoming and outgoing deals. And yes, his stint with the Posh was brief but he still did quite well for himself. And there are certainly more examples out there.
Conor Washington, Lee Tomlin and George Boyd, who left the club in 2013, could all fall into this category and warrant more than just a passing mention. However, it will be quite interesting to see what other extraordinary transfer businesses Peterborough conduct in the future.